Water supply insurance method and system

Details Water supply insurance method and system Water supply insurance method and system

G - Physics

06

Q

G06Q 40/00 (2006.01)

Patent

CA 2444065

A water supply insurance method and system for providing an emergency water supply in a severe water shortage includes the steps of securing water rights to a water source and initiating discussion with a water-using client for. issuing of a water supply insurance policy, including information pertaining to expected water needs, term of insurance and cost of water supplied. An insurance rate for the water-using client is calculated based the information and premiums are collected. When the normal water supply is significantly interrupted, emergency water is provided in the amount specified in the water supply insurance policy until the crisis is over, and then collection of premium payments from the water-using client is resumed to ensure future supply of emergency water so long as the water supply insurance policy remains in force.

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